Amrutanjan Healthcare Limited is an Indian pharmaceutical company headquartered in Chennai, Tamil Nadu, India. It was founded by Kasinadhuni Nageswara Rao in Bombay (now Mumbai) in 1893.
 | |
| Company type | Public |
|---|---|
| Industry | Ayurvedic health-care products, beauty products, Informational Technology, Business process outsourcing |
| Founded | 1893 |
| Founder | Kasinathuni Nageswara Rao |
| Headquarters | 42–45 Luz Church Road, Mylapore, Chennai – 600004, India |
Key people | S Sambhu Prasad[1] (Chairman) |
| Revenue |  ₹421 crore (US$53 million) (FY22) |
| ₹67 crore (US$8.4 million) (FY22)[2] | |
| Website | amrutanjan |
History edit
Amrutanjan was established as a patent medicine business in Bombay (now Mumbai)[3][4] in 1893 by K. Nageswara Rao Pantulu who was a journalist, social reformer and freedom fighter.[5][6][7] The headquarters were shifted to Madras (now Chennai) in 1914.[3][4][7]
As of 2014, it is headed by Sambhu Prasad, the grandson of Nageshwara Rao.[1]
Products edit
Amrutanjan Healthcare's main product is its pain balm. In 2002, Amrutanjan Healthcare launched a series of anti-diabetic medicines called Diakyur.[8] In 2004, the company launched herbal mouth-fresheners under the brand name "Affair".[9]
The Amrutanjan group also includes a software company called Amrutanjan Infotech. In July 2001, Amrutanjan Infotech's call-centre began its operations.[10]
In May 2011 Amrutanjan diversified into foods, buying out Siva's Soft Drink Pvt Ltd, a Chennai-based company which sells fruit juices under the Fruitnik brand. It has relatively paid out ₹260 Million for the acquisition.[11]
Amrutanjan balm edit
In 1936, Amrutanjan became a public limited company with the name Amrutanjan Limited.[3][12] Kasinathuni Nageswara Rao popularised the balm by distributing it free-of-cost at music concerts.[6][13]
On 13 November 2007, the company changed its name from Amrutanjan Limited to Amrutanjan Healthcare Limited and has ever since been known by that name.[14]
On 4 July 2002, Amrutanjan Healthcare entered the U.S. market.[15]
In 2022, the company launched a period pain roll-on under Comfy brand.[16]
References edit
- ^ a b "Board of Directors". amrutanjan.com. Retrieved 26 December 2022.
- ^ "Amrutanjan Health Care Ltd Q4 FY2021-22 PAT drops QoQ to Rs. 14.70 crores". EquityBulls. 25 May 2022. Retrieved 19 April 2023.
- ^ a b c "Profile of Amrutanjan Healthcare Limited". Amrutanjan Healthcare Limited. Archived from the original on 16 June 2008.
- ^ a b Jain, Kajri (2007). Gods in the Bazaar: The Economies of Indian Calendar Art. Duke University Press. p. 124. ISBN 978-0822339267. ISBN 978-0-8223-3926-7.
- ^ Madras Rediscovered, Pg 206
- ^ a b Clayton, Mary; Bennett Zon (2007). Music and Orientalism in the British Empire, 1780s–1940s: Portrayal of the East. Ashgate Publishing Ltd. p. 206. ISBN 978-0754656043. ISBN 978-0-7546-5604-3.
- ^ a b Playne, Somerset; Arnold Wright (1914). Southern India: Its History, People, Commerce, and Industrial Resources. pp. 642.
- ^ "Amrutanjan launches Diakyur". Express Pharma Online. 13 June 2002. Retrieved 21 October 2008.
- ^ Venkat, Archana (28 September 2004). "Amrutanjan's Affair with mouth fresheners". The Hindu Business Line. Retrieved 21 October 2008.
- ^ Varadharajan, S.; Narasimhan, P. (2 July 2001). "Amrutanjan Infotech's call centre to go online shortly". The Hindu. Archived from the original on 28 January 2002. Retrieved 24 September 2018.
- ^ "Amrutanjan buys Siva's Fruitnik fruit juice for Rs 26 cr". indiabusinessview. 3 March 2011.
- ^ Agarwala, Prakash Narain (1985). The History of Indian Business: A Complete Account of Trade Exchanges from 3000 B.C. to the Present Day. Vikas. p. 566. ISBN 0706926099. ISBN 978-0-7069-2609-5.
- ^ Patel, Tanvi (2 June 2020). "How a Freedom Fighter Gave India Its Favourite Pain Balm, Amrutanjan". thebetterindia.com.
- ^ "Amrutanjan becomes Amrutanjan Health". The Hindu. 13 November 2007. Archived from the original on 26 October 2008. Retrieved 21 October 2008.
- ^ "Amrutanjan set to enter US market". The Tribune. 5 July 2002. Retrieved 21 October 2008.
- ^ "Amrutanjan Healthcare launches new period pain roll-on under Comfy brand". cnbctv18.com. 2 November 2022.
Bibliography edit
- Muthiah, S. (2004). Madras Rediscovered. East West Books (Madras) Pvt Ltd. ISBN 81-88661-24-4.